Another post in The Guardian has revealed that Spotify has made a significant increase in its paid subscribers over the last 12 months – despite the fact that 20 million paid subscribers is a drop in the ocean compared to iTunes’ 800 million! However, it is not this that I am interested in – it is the following claim
According to Spotify, with 20 million subscribers, a “niche/indie artist” could expect to generate $1.2m a year in Spotify payouts, while a “heritage artist” would generate $2.6m. It also claimed that an artist in the company’s top 100 chart could get $3.3m, while a “global superstar” could generate $13.9m’.
These figures seem grossly exaggerated to me – I am sure the indi musician in particular will have something to say about it.
See the following link for more details
Spotify responds to Apple Music by revealing it now has 75m active users | Technology | The Guardian.
